Contact a Loan Specialist Now
98% of businesses in New England
meet the basic eligibility requirements for SBA 504 financing.
Loans to Small Businesses
Total Project Financing
What’s the deal?
Borrowers can obtain up to 90% financing, with up to 40% from Bay Colony at a 10, 20 or 25-year below market fixed rate and 50% from the participating lender at a conventional market rate.
Who can borrow?
What can the money be used for?
How large (or small) could the project size be?
Why Bay Colony?
Where is financing available?
Recently Funded Projects
Loans Funded April 2023
Loans funded in April 2023 ranged from $95,000 to $578,000 and provided assistance to businesses located in Tyngsboro, Dracut, Rutland & Watertown, MA as well as Stafford, CT. The projects will contribute to the creation of 8 Jobs.
Loans Funded March 2023
Loans funded in March 2023 ranged from $248,000 to $1,783,000 and provided assistance to businesses located in Ayer, Lynn, Yarmouth Port, Waltham, Pembroke, Framingham, Randolph, Oxford & Raynham, MA as well as Providence, RI and Amherst and Exeter, NH. The projects will contribute to the creation of 65 Jobs.
Loans Funded February 2023
Loans funded in February 2023 ranged from $94,000 to $2,555,000 and provided assistance to businesses located in Marlborough, Pepperell, Townsend, Lee, Brookline, Amesbury, MA as well as Woodstock, VT. The projects will contribute to the creation of 8 Jobs.